Today, management control represents one of the principal government functions of entrepreneurial activity. The desire to pursue objectives, to share events that characterize the daily life of the company, as well as the bonds that exist among the resources represent the basis upon which presuppositions and objectives of management control are supported.

 

This is therefore an element of entrepreneurial life that becomes increasingly the hinge of the company’s strategic and operational choices or of the process that unites the strategic business vision to the practical organization of the tools and processes employed to realize the plans themselves.

If it is important to know the destination to be reached, management control, in this sense, is more important still. To choose the main road and to orient oneself within a world of variegated operational possibilities represents an important added value for the company and for those driving it. To inform and support the evaluation of remaining situations therefore, only some of the functions can be attributed to control. 

The generality of the themes faced levers particularly on the importance given to all tools and methods which enable the translation of this function into a reality.  This is a process that not only distinguishes itself by the presence of different schemes or evaluated paths but also by the desire to subdivide the analysis according to various time horizons.
Also, viewing the company as a sum of interrelated resources on the one hand renders the entire structure able to work towards a common objective, whilst on the other hand enabling the measurement of situations according to various logics, leading to the need to create a versatile system that is able to adapt to the reference context whilst at the same retaining an all round vision of reality. 
This operational manual, containing a number of application examples, will expand the management control methodology and identify the principal tools that allow the entrepreneur or manager to govern the economic-financial path of the company. At the end of every chapter business cases and exercises have been added in order to apply the principal control tools such as, budget analysis, gap analysis, full and direct costing, differential analysis and budget definition. 

 

NOTE:  This book is available in Italian only.